Martin Luther King Day - No Classeshttp://www.smeal.psu.edu/events/martin-luther-king-day-no-classes-1
There will be no classes held on Martin Luther King Day. There will be no classes held on Martin Luther King Day.]]>No publisherFront Page2014/01/09 10:55:00 GMT-5EventSenior Sendoffhttp://www.smeal.psu.edu/events/senior-sendoff
Seniors who are graduating on December 21, 2013, are invited--along with their families--to attend Smeal's Senior Sendoff, to be held in the Business Building Atrium at 4 p.m. on Friday, December 20.Seniors who are graduating on December 21, 2013, are invited--along with their families--to attend Smeal's Senior Sendoff, to be held in the Business Building Atrium at 4 p.m. on Friday, December 20.]]>No publisherFront Page2013/12/05 14:35:00 GMT-5EventConference: Global Implications of U.S. Self-Sufficiency in Oil and Gashttp://www.smeal.psu.edu/cgbs/events/conference-global-implications-of-u-s-self-sufficiency-in-oil-and-gas
On December 6, 2013, the Center for Global Business Studies held a conference to study the global implications of U.S. self-sufficiency in oil and gas. Though the United States has always been a resource-abundant country, it still was dependent on oil from other countries and the dependence had grown over time, as the nation was unable to produce as much as its people consumed. Thanks to advancements in technology and a regulatory permissive environment that has allowed the country to exploit unconventional drilling, however, the U.S. has recently witnessed rapid, unprecedented growth in shale oil and gas production. As a result, by the close of this decade, the United States is expected to be a net exporter in gas. Additionally, the country expects to see a large decrease in its oil imports.

Predictably this change will certainly affect the United States, but will it have ramifications on a global scale? As discussed during the Dec. 6 conference, the short answer is yes. Inherently, though, the full answer is much more complex. It's at first vital to note the numerous geopolitical implications of an energy self-sufficient United States. Historically, the United States has relied on the Middle East as its energy source. Because of this position, the region's stability has been a large concern for the United States and the country's own allies. Previously, the country has thus tried to police the region, securing trade routes and monitoring politics and relations to ensure inexpensive access to production sites' reserves. With the shifting dynamic, however, instability in the region might economically behoove the United States because the country could then position itself as the cheap provider of energy. Additionally, if the United States pulls out as policeman by changing its foreign policy, then other countries, such as China, Japan, and Korea, will be challenged to become more involved.

Although the United States will eventually be a gas exporter, this change won't come cheaply. Because it's incredibly expensive to liquify and to transport gas, the process will be expensive and complicated, requiring U.S. companies to invest in new technologies and equipment. Nonetheless, due to the substantial gas price difference — as gas, unlike oil, is expensive and difficult to transport — the U.S. will make the investment. The U.S.' logical export markets will be Europe and the far east, though demand will likely come from European countries given their present situation. Currently, Europe relies heavily on Russian gas, but historically negotiations have not been easy. By seeking U.S. gas, Europe will garner a more secure position in the world.

In addition to changing gas trade patterns, the United States' gas self-sufficiency will also affect the manufacturing industry. Because the price of gas is significantly cheaper in the U.S. (for reference, prices are a third of what they are in Europe and a sixth of what they are in China and Japan), industries that use gas to manufacture their products will increasingly turn to the U.S., with its expansion and new production facilities, for development.

While it's expected that the United States will become a net exporter in gas, the future expected North American self-sufficiency in oil production will also have impacts on a global scale. As oil consumption in the United States continues to decrease, it's foreseeable that the country will use its refineries to export refined products to consuming nations in South America.

Regardless, the United States must be cautious in the way it proceeds in this shifting energy landscape. "It's a good news story [for the U.S.], but we have to do something smart about it," said Sarah Ladislaw, who was the conference's keynote speaker. "One of the greatest dangers that we have is to try to overplay our hand."

Managing Director of Research at ClearView Energy Partners LLC Kevin Book, President and Interim Director at the Center for Sustainable Shale Development Andrew Place, and a specialist in Energy Policy at the Congressional Research Service Michael Ratner joined Ladislaw, Co-Director and Senior Fellow of the Energy and Security Program for Strategic and International Studies, to share their knowledge on U.S. energy self-sufficiency. During the later portion of the conference, the speakers also addressed the possible environmental impacts of this increased unconventional production. Advisor to the Governor of Ohio and Former Vice Chairman of Ernst & Young Jim Boland and Center Founding Director Fariborz Ghadar moderated the conference.

]]>No publisherFront Page2013/11/18 09:35:00 GMT-5EventGE Week Lecture: "What do you do with entrepreneurship? Everything."http://www.smeal.psu.edu/events/ge-week-lecture-what-do-you-do-with-entrepreneurship-everything
As part of Global Entrepreneurship week, Penn State alumna Patricia Greene will present a lecture titled "What do you do with entrepreneurship? Everything."As part of Global Entrepreneurship week, Penn State alumna Patricia Greene will present a lecture titled "What do you do with entrepreneurship? Everything." Greene is the Paul T. Babson Chair in Entrepreneurship at Babson College.]]>No publisherFront Page2013/11/13 13:12:54 GMT-5EventSeminar: Andrey Malenko, MIT Sloan School of Managementhttp://www.smeal.psu.edu/events/seminar-andrey-malenko-mit-sloan-school-of-management
Andrey Malenko of the MIT Sloan School of Management will deliver a seminar for the Center for the Study of Financial Markets.Andrey Malenko, assistant professor of finance at the MIT Sloan School of Management, will deliver a seminar for the Center for the Study of Financial Markets. The Center is dedicated to the support and promotion of academic research in the operation, governance, and performance of global financial markets.]]>No publisherFront Page2013/11/13 10:06:58 GMT-5EventSeminar: Philanthropy, Corporate Culture, and Misconducthttp://www.smeal.psu.edu/events/seminar-philanthropy-corporate-culture-and-misconduct
Terry Campbell of the University of Delaware will give a seminar on Philanthropy, Corporate Culture, and Misconduct, sponsored by the Center for the Study of Financial Markets.Terry Campbell, associate professor of Finance at the University of Delaware, will give a seminar titled "Philanthropy, Corporate Culture, and Misconduct." This seminar is part of a series sponsored by the Center for the Study of Financial Markets, a Smeal research center dedicated to the support and promotion of academic research in the operation, governance, and performance of global financial markets.]]>No publisherFront Page2013/11/13 10:05:00 GMT-5EventGlobal Entrepreneurship Week at Penn Statehttp://www.smeal.psu.edu/events/global-entrepreneurship-week-at-penn-state
Global Entrepreneurship Week is a week-long series of events directed at students and community members interested in entrepreneurship.Global Entrepreneurship Week is a week-long series of events directed at students and community members interested in entrepreneurship.]]>No publisherFront Page2013/11/13 09:59:58 GMT-5EventExecutive MBA Information Sessionhttp://www.smeal.psu.edu/events/executive-mba-information-session
Learn more about the Penn State Smeal Executive MBA Program at an information session.Learn more about the Penn State Smeal Executive MBA Program and meet current and former students and faculty at an EMBA Experience or one of our regional networking sessions.]]>No publisherFront Page2013/11/13 09:52:42 GMT-5EventMBA for a Dayhttp://www.smeal.psu.edu/events/mba-for-a-day
MBA for a Day events allow prospective MBA students to learn more about the Penn State Smeal MBA Program.Join us on campus to learn more about the Penn State Smeal MBA Program, the application process, student and career services, and the MBA curriculum. While here you'll also tour the Business Building and sit in on a class. During these pre-scheduled group-visit dates, you will have the opportunity to interact with the entire MBA community including current students, faculty, and staff.

After the formal MBA for a Day events conclude on September 9 and December 9, Kaplan Test Prep will host free GMAT workshops from 3:00 to 4:30pm for those who wish to learn more about the test and test-taking strategies.

]]>No publisherFront Page2013/11/13 09:50:14 GMT-5EventAlumni Networking Reception - Harrisburghttp://www.smeal.psu.edu/events/alumni-networking-reception-harrisburg
Smeal is coming to Harrisburg, Pa., for an alumni reception on Nov. 20, 2013Connect with fellow alumni in the Harrisburg area, and learn about what is new within the Smeal community from Dean Chuck Whiteman and other faculty and staff. Keynote remarks will be given by Secretary Glenn Moyer, PA Department of Banking and Securities. Hors d'oeuvres and an open beer and wine bar will be available. Dress is business casual.]]>No publisherFront Page2013/11/13 09:20:00 GMT-5EventImpact Smeal Dayhttp://www.smeal.psu.edu/events/impact-smeal-day
Impact Smeal Day is a Smeal community event to be held on Friday, Nov. 15, 2013.Impact Smeal Day will provide alumni with the opportunity to return to campus to reconnect with the college and engage in a number of activities. From connecting with current students and hearing about faculty research to networking with other alumni, this day will offer something for everyone from recent graduates to retirees!]]>No publisherFront Page2013/11/13 09:15:00 GMT-5EventCommencement - Fall 2013http://www.smeal.psu.edu/events/commencement-fall-2013
The fall 2013 commencement ceremony will be held on Saturday, December 21.The baccalaureate degree ceremony for Smeal College of Business graduates will take place in the Bryce Jordan Center on Saturday, Dec. 21, 2013, at 9 a.m. The Graduate School will hold its ceremony at 4:30 p.m., also in the BJC.]]>No publisherFront Page2013/11/12 15:50:00 GMT-5EventLast Day of Classeshttp://www.smeal.psu.edu/events/last-day-of-classes
The last day of classes will be December 13.The last day of classes for the fall 2013 semester will be held on Friday, December 13, 2013.]]>No publisherFront Page2013/11/12 15:44:25 GMT-5EventThanksgiving Class Schedulehttp://www.smeal.psu.edu/events/thanksgiving-class-schedule
Student schedule for Thanksgiving break. No classes the week of Thanksgiving, Nov. 25-29, 2013.]]>No publisherFront Page2013/11/12 15:23:16 GMT-5EventMAcc Kickoff Receptionhttp://www.smeal.psu.edu/events/macc-kickoff-reception
Students enrolled in the One-Year MAcc Program are invited to attend this networking event sponsored by the Accounting Department at Smeal and the MAcc Program Student Association (MPSA). Students enrolled in the One-Year MAcc Program are invited to attend this networking event sponsored by the Accounting Department at Smeal and the MAcc Program Student Association (MPSA).]]>No publisherFront Page2013/08/29 09:10:55 GMT-4Event